Required for registering a company and opening a corporate account
1200 EUR
from
In accordance with Chinese law, having an office is one of the requirements for registering a company in China.
The office may be owned by the company or rented, but it must be
a physical workspace. A virtual office with a phone number and mailing address is not enough in this case.
per year
> Lease agreement for a year
> Rental Certificate (房屋租赁凭证)
> The ability to accept correspondence to the address
> Possibility to hang a nameplate of the company
> The ability to accompany representatives
of government agencies and bank employees to the office.
Office rental
Corporate account
No matter what legal form of the company you choose or have already chosen for registration, you will need a corporate bank account opened in one of the banks in China. You can open a bank account in RMB or USD / EUR.
Corporate bank account
You can be a citizen of any country, live anywhere in the world, you just need to prove to the bank the need to use an account. You can open a bank account in RMB or USD / EUR.
Personal bank account
Required for corporate account
450 EUR
from
A personal presence of the director of the company is required when opening an account
550 EUR
from
Personal account
700 EUR
from
There are 2 types of licenses: commercial (for online stores) and standard (for information sites).
ICP license
Standard ICP
Required for non-profit websites (informational),
with this license your website will be available in mainland China, however it does not allow you to sell directly via the Internet
Apply for a standard ICP can: > Chinese Business Licensed Enterprises May Apply for ICP Business (企业备案)
> Partially or completely foreign enterprises with any (for example, Joint Venture or WFOE) can apply for ICP Business
> Chinese citizens using their ID can apply for an individual ICP (个人备案)
> Foreigners using their passport as an identity card, who may be physically located in China in order to fulfill some basic registration requirements,
may apply for an individual ICP
Commercial ICP
Allows you to own an e-commerce site.
Therefore, if you intend to earn income through online sales, advertising or conducting business that involves payment through your platform, you will need a commercial ICP license.
You can apply for a commercial ICP: > Chinese Business Licensed Enterprises
> Joint ventures in which the share of Chinese business is least 51%
(in practice it is rarely issued to this type of company)
700 EUR
from
There are 2 types of licenses: commercial (for online stores) and standard (for information sites).
ICP license
Standard ICP
Required for non-profit websites (informational),
with this license your website will be available in mainland China, however it does not allow you to sell directly via the Internet
Apply for a standard ICP can: > Chinese Business Licensed Enterprises May Apply for ICP Business (企业备案)
> Partially or completely foreign enterprises with any (for example, Joint Venture or WFOE) can apply for ICP Business
> Chinese citizens using their ID can apply for an individual ICP (个人备案)
> Foreigners using their passport as an identity card, who may be physically located in China in order to fulfill some basic registration requirements,
may apply for an individual ICP
Commercial ICP
Allows you to own an e-commerce site.
Therefore, if you intend to earn income through online sales, advertising or conducting business that involves payment through your platform, you will need a commercial ICP license.
You can apply for a commercial ICP: > Chinese Business Licensed Enterprises
> Joint ventures in which the share of Chinese business is least 51%
(in practice it is rarely issued to this type of company)
2400 EUR
from
Required to open foreign currency bank accounts
Export-import license
The most common license in China is export-import.
A trading company in China must have an export-import license.
The import-export license is needed for enterprises to carry out import and export activities.
Export-Import license
Preparation of a set of documents
Submission of an application
to the Office of Commerce
for the registration of a foreign trade participant
Changing the scope of the company in the Office of Industrial and Commercial Administration
Changing the business field of the company in the federal and local tax offices
Registration with the Office
of Inspection and Quarantine
at entry and exit
Registration at the customs office
Filing an application
in the Chinese electronic
customs system to receive
Filing an application with the Office of Currency Regulation for permission to open a foreign currency account
Required for a personal bank account
1400 EUR
from
Viza & work permits
Visa Z. Work & Residence permits
A Chinese work visa or Z visa is issued to foreigners traveling to China to obtain paid work in China.
Foreigners working in China must obtain a work permit and residence permit in accordance with Chinese law. There is no company or individual that can hire foreigners who have not received a work permit.
A residence permit is issued to a foreigner who has lived in the People's Republic of China for more than one year.
Accounting
Foreign companies registered in China must keep financial reports, including financial statements, profit and loss statements, cash flow statements,
and conduct annual audits.
Accounting & Tax filing
Personal account
An annual audit in China is mandatory for all enterprises with foreign investment (FIE) in China, including enterprises with foreign capital (WFOE), joint ventures (JV) and representative offices (RO), in accordance with the Chinese Companies Law
and other relevant regulations.
Streamlining of primary documents
The purpose of the audit is to confirm that the real financial situation of your company matches the information in the reports.
Monthly accounting
Monthly financial and tax reporting
Annual tax report
Financial and tax advice
Stamping required documents
Obtaining the status of a regular taxpayer.
Payment - per month
50 EUR
from
Corporate account
> with an accountant
> with government bodies
> with bank managers